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Updated over 1 year ago, 08/21/2023
27 year old male, 730 credit score, 40% DTI, first time home buyer
27 year old male, 730 credit score, 40% DTI, no student/car/medical debt, first time home buyer looking for estimated max loan amount
Hello,
I understand that this is a case by case question with many variables involved.
I am a 27 yr old.
I make currently $67,200 gross annually.
I live in CA and am looking to invest out of state in either OH or FL. Looking to invest in multi family rental properties (2, 3, 4 units)
First time home buyer, looking for an investment loan or an FHA loan if I can find something local (unlikely but not impossible).
I understand there are different rules/regulations per state but am looking to get a general idea of what I can expect for a max loan amount to be able to strategize.
Would like to get some internet wisdom before I go through the pre-approval process, shop around for a loan and have it effect my credit score.
Thank you for the time.